Cormark Estimates Sandstorm Gold's Q1 Earnings (NYSE:SAND)

Sandstorm Gold Ltd. (NYSE:SAND - Free Report) - Investment analysts at Cormark issued their Q1 2025 EPS estimates for shares of Sandstorm Gold in a report issued on Tuesday, April 22nd. Cormark analyst N. Dion anticipates that the company will earn $0.05 per share for the quarter. The consensus estimate for Sandstorm Gold's current full-year earnings is $0.18 per share.

Several other equities research analysts also recently commented on the company. StockNews.com upgraded Sandstorm Gold from a "hold" rating to a "buy" rating in a report on Wednesday, February 26th. Scotiabank lifted their price objective on shares of Sandstorm Gold from $7.25 to $8.25 and gave the company a "sector perform" rating in a research note on Monday, April 14th. Raymond James reaffirmed an "outperform" rating on shares of Sandstorm Gold in a report on Friday, April 4th. Royal Bank of Canada boosted their price objective on shares of Sandstorm Gold from $6.50 to $7.00 and gave the stock an "outperform" rating in a report on Friday, April 4th. Finally, HC Wainwright lowered their target price on Sandstorm Gold from $12.00 to $11.50 and set a "buy" rating for the company in a research note on Wednesday, February 19th. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $9.06.

Sandstorm Gold Stock Up 0.1 %

NYSE:SAND traded up $0.01 during mid-day trading on Wednesday, hitting $8.45. The company had a trading volume of 2,506,532 shares, compared to its average volume of 3,461,339. The business has a fifty day simple moving average of $7.09 and a 200-day simple moving average of $6.28. The firm has a market capitalization of $2.48 billion, a price-to-earnings ratio of 168.93 and a beta of 0.90. Sandstorm Gold has a 1 year low of $4.92 and a 1 year high of $8.82. The company has a current ratio of 1.95, a quick ratio of 2.29 and a debt-to-equity ratio of 0.24.

Sandstorm Gold (NYSE:SAND - Get Free Report) last announced its quarterly earnings results on Tuesday, February 18th. The company reported $0.01 earnings per share for the quarter, missing analysts' consensus estimates of $0.04 by ($0.03). Sandstorm Gold had a net margin of 8.11% and a return on equity of 0.98%. The business had revenue of $47.40 million for the quarter, compared to analyst estimates of $67.49 million. During the same period last year, the firm earned ($0.04) earnings per share.

Institutional Investors Weigh In On Sandstorm Gold

A number of institutional investors have recently made changes to their positions in the company. Cantor Fitzgerald L. P. acquired a new position in Sandstorm Gold in the fourth quarter worth $56,000. Lifeworks Advisors LLC acquired a new position in shares of Sandstorm Gold in the 4th quarter valued at about $57,000. Meixler Investment Management Ltd. bought a new stake in shares of Sandstorm Gold during the 4th quarter valued at about $66,000. JTC Employer Solutions Trustee Ltd bought a new position in Sandstorm Gold in the fourth quarter worth about $72,000. Finally, Bank of New York Mellon Corp grew its holdings in shares of Sandstorm Gold by 21.0% during the fourth quarter. Bank of New York Mellon Corp now owns 13,897 shares of the company's stock valued at $78,000 after purchasing an additional 2,416 shares during the last quarter. 51.97% of the stock is currently owned by institutional investors.

Sandstorm Gold Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, April 25th. Shareholders of record on Monday, April 14th were issued a dividend of $0.014 per share. This represents a $0.06 dividend on an annualized basis and a yield of 0.66%. The ex-dividend date of this dividend was Monday, April 14th. Sandstorm Gold's dividend payout ratio is presently 100.00%.

About Sandstorm Gold

Sandstorm Gold Ltd. operates as a gold royalty company. The company focuses on acquiring royalties and gold and other metals purchase agreements from companies that have advanced stage operating mines. It offers upfront payments for companies to acquire a stream and receives the right to purchase a percentage of a mine's production for the life of the mine.